Reitzes 067
Biography
Testimony
Publications

Dr. Reitzes specializes in providing economic analysis, damage estimates, and testimony for antitrust litigation, arbitration matters, and other types of litigation. He also provides expert analysis and testimony in regulatory proceedings involving the energy and transportation sectors before the Federal Energy Regulatory Commission (FERC), state public utility commissions, and the U.S. Department of Transportation.

A former Federal Trade Commission (FTC) economist, Dr. Reitzes has provided economic analyses in litigation and regulatory proceedings in the United States, Canada, Europe, Latin America, and Australia. He has performed analyses on behalf of the European Commission, the Canadian Competition Bureau, and various U.S. government agencies.

On several occasions, Dr. Reitzes has assessed liability and damages in matters of alleged price fixing affecting industries and products as diverse as carpet, cardboard packaging, vitamins, carbon graphite, air transportation, and ocean shipping. He also has provided analyses of “artificial pricing” in cases of alleged market manipulation.

Dr. Reitzes has offered economic assessments of the competitive impacts of horizontal and vertical mergers in presentations to the FTC and the U.S. Department of Justice. He has submitted several economic analyses pursuant to antitrust immunity filings by airline alliances, including those by the oneworld, Star, and SkyTeam alliances.

In addition, Dr. Reitzes has been the independent manager of numerous competitive procurements and sales undertaken by electric power companies, including recent procurements and sales of energy and capacity, transmission capacity rights, and renewable energy credits. In the energy sector, he has provided economic analysis and testimony related to asset valuation, risk management, power procurement strategies, the development of competitive retail power markets, and regulatory strategy.

Dr. Reitzes has written several articles on firm strategies with respect to pricing, quality, R&D investment, and merger behavior, published in leading economic and legal journals such as the ABA Antitrust Law Journal, Antitrust Bulletin, International Economic Review, Journal of International Economics, Journal of Law, Economics, and Organization, Canadian Journal of Economics, Journal of Regulatory Economics, and Review of Network Economics.

Representative Engagements
Report
Comments of Drs. Romkaew Broehm, Jeremy Verlinda, and James Reitzes to the Federal Energy Regulatory Commission Regarding Modifications to Commission Requirements for Review of Transaction Under Section 203 of the Federal Power Act and Market-Based Rate Applications under Section 205 of the Federal Power Act (Docket No. RM16-21-000)
November 28, 2016
Prepared for the Federal Energy Regulatory Commission

The comments offer commentary on four proposed changes by the FERC regarding its horizontal market power review standards for M&A and market-based rate approvals.

Report
September 1, 2016
Prepared for the Public Utilities Office of the Government of Western Australia’s Department of Finance

The report evaluates mechanisms for mitigating market power in the reformed wholesale energy market scheduled for July 2017 implementation in Western Australia’s South West Interconnect System.

Report
August 2016
Prepared for APA Group

The report authored by Brattle economists on behalf of APA Group reviews integration in APA’s pipeline operations in Eastern Australia since the acquisition of Epic Energy in December 2012, and identifies the economic costs and benefits associated with integration.

Report
Competitive Effects of Exchanges or Sales of Airport Landing Slots
August 1, 2014
Published in the Review of Industrial Organization
Report
Canadian Wireless Market Performance and the Potential Effect of an Additional Nationwide Carrier
May 12, 2014
Prepared for The Competition Bureau, Government of Canada
Report
Competitive Effects of Exchanges or Sales of Airport Landing Slots
December 2011
James D. Reitzes, Brendan McVeigh, Nicholas E. Powers, and Samuel Moy
Published by The Brattle Group, Inc.
Report
Comments of Romkaew P. Broehm, Peter S. Fox-Penner, Oliver Grawe, and James Reitzes to the Federal Energy Regulatory Commission Regarding the Analysis of Horizontal Market Power Under the Federal Power Act, Docket No. RM11-14-000
May 23, 2011
Prepared for Federal Energy Regulatory Commission Staff
Report
Generation Cost Savings From Day 1 and Day 2 RTO Market Designs
October 2009
Prepared for COMPETE
Article
Competition for Exclusive Customers: Comparing Equilibrium and Welfare under One-Part and Two-Part Pricing
August 2008
James D. Reitzes and Glenn A. Woroch
Published in Canadian Journal of Economics, Vol. 41, No. 3
Article
Downstream Price-Cap Regulation and Upstream Market Power
April 2008
Published in Journal of Regulatory Economics
Article
International Perspectives on Electricity Market Monitoring and Market Power Mitigation
September 2007
Published in Review of Network Economics
Report
Input-Quality Sabotage and the Welfare Consequences of Parity Rules
January 2007
James D. Reitzes and Glenn A. Woroch
Published by SSRN Working Paper Series
Report
Estimating the Economic "Trade" Value of Increased Transmission Capability
November 2005
James D. Reitzes and Andrew N. Kleit
Published by The Brattle Group, Inc.
Report
Downstream Price-Cap Regulation and Upstream Market Power
October 25, 2005
Published by SSRN Working Paper Series
Article
Dynamic Pricing and Learning in Electricity Markets
March 2005
James D. Reitzes, Alfredo Garcia, and Enrique Campos
Published in Operations Research
Article
Beyond Open Skies: The Economic Impact of a US-EU Open Aviation Area
2005
Boaz Moselle, James D. Reitzes, and Dorothy Robyn
In Deep Integration: How Transatlantic Markets are Leading Globalization, edited by Daniel S. Hamilton and Joseph P. Quinlan, and published by Center for Transatlantic Relations and Center for European Policy Studies
Article
Forward and Spot Prices in Electricity and Gas Markets: Does 'Storability' Matter
October 2004
James D. Reitzes, Adam C. Schumacher, and J. Arnold Quinn
In Obtaining the Best from Regulation and Competition, edited by Michael A. Crew and Menachem Spiegel, and published by Springer
Article
Can Mergers to Monopoly, Price Fixing, and Market-Division Agreements Raise Welfare?
February 2004
James D. Reitzes and Paul S. Clyde
Published in International Journal of the Economics of Business
Report
How Can South Africa Derive the Greatest Benefit from its Airline Industry? An Economic and Regulatory Analysis, Prepared for the Government of South Africa
2004
James D. Reitzes, Dorothy Robyn, and Scott C. Gibson
Published by The Brattle Group, Inc. and Seabury Group, not publicly available at this time
Report
Study to Assess the Potential Impact of Proposed Amendments to Council Regulation 2299/89 with Regard to Computerised Reservation Systems
October 2003
Carlos Lapuerta, Boaz Moselle, James D. Reitzes, Dorothy Robyn, Erica Carere, Mark Armstrong, John Cook, and Stephen Dolan
Published by The Brattle Group Ltd and Norton Rose
Report
The Effectiveness of Dutch Air Transport Policy
December 2, 2002
Published by The Brattle Group, Inc.
Report
The Economic Impact of an EU-US Open Aviation Area, Prepared for the European Commission
December 2002
Boaz Moselle, James D. Reitzes, Dorothy Robyn, and John Horn
Prepared for the European Commission
Article
Designing Standard-Offer Service to Facilitate Electric Retail Restructuring
November 2002
James D. Reitzes, Lisa V. Wood, and J. Arnold Quinn
Published in The Electricity Journal
Report
The Impact on the U.S. Economy of Lifting Restrictions on Travel to Cuba
July 15, 2002
James D. Reitzes, Dorothy Robyn, and Bryan Church
Prepared for the Center for International Policy
Article
Regional Interactions in Electricity Prices in the Eastern United States
2002
James D. Reitzes, Adam C. Schumacher, Gregory L. Leonard, and James G. Bohn
In Markets, Pricing, and Deregulation of Utilities, edited by Michael A. Crew and Joseph C. Shuh, and published by Springer
Article
Strategic Pricing When Electricity Is Storable
2001
James D. Reitzes, A. Garcia, and E. Stacchetti
Published in Journal of Regulatory Economics
Presentation
Strategic Behavior and Power Market Prices
June 23, 2000
Presented to the EPRI Asset and Risk Management Group, Washington, DC
Article
Deregulation and Monitoring of Electric Power Markets
2000
Philip Q Hanser, James D. Reitzes, and Robert L. Earle
Published in The Electricity Journal
Article
Lessons from the First Year of Competition in the California Electricity Market
1999
Philip Q Hanser, James D. Reitzes, Robert L. Earle, and Weldon C. Johnson
Published in The Electricity Journal
Article
Is it Efficient to Impose Costs on Small-Volume Equity Traders?
1999
James D. Reitzes and Paul S. Clyde
Published in International Journal of the Economics of Business
Article
Entry Policy and Entry Subsidies
1999
James D. Reitzes and Oliver R. Grawe
Published in Review of International Economics
Article
Market Power and Collusion in the Ocean Shipping Industry: Is a Bigger Cartel a Better Cartel?
1998
James D. Reitzes and Paul S. Clyde
Published in Economic Inquiry
Article
In the Matter of Weyerhaeuser Company: The Use of the Hold-Separate Order in a Merger with Horizontal and Vertical Effects
May 1997
James D. Reitzes, Robert P. Rogers, and Laurence Schumann
Published in Journal of Regulatory Economics
Article
Price Discrimination and Mergers
May 1995
James D. Reitzes and David T. Levy
Published in Canadian Journal of Economics
Article
The Importance of Localized Competition in the 1992 Merger Guidelines: How Closely Do Merging Firms Compete?
May 1994
James D. Reitzes and David T. Levy
Published in ABA Antitrust Law Journal
Article
Market-Share Quotas
1994
James D. Reitzes and Oliver R. Grawe
Published in Journal of International Economics
Article
Product Differentiation and the Ability to Collude: Where Being Different Can Be an Advantage
1993
James D. Reitzes and David T. Levy
Published in Antitrust Bulletin
Article
Basing-Point Pricing and Incomplete Collusion
January 1993
James D. Reitzes and David T. Levy
Published in Journal of Regional Science
Article
Anticompetitive Effects of Mergers in Markets with Localized Competition
April 1992
James D. Reitzes and David T. Levy
Published in Journal of Law, Economics, and Organization